Case Study: SmartBike achieves global IoT monetization and automated billing with BillingPlatform

SmartBike Monetizes IoT with BillingPlatform

SmartBike, a Clear Channel subsidiary that operates more than 25,000 internet‑enabled rental bicycles across nine countries, needed to turn streaming IoT telemetry (ride durations, statuses, geolocation) into customer‑level invoices across multiple markets. To collect, translate and monetize this complex device data while managing currencies, languages and kiosk displays, SmartBike selected BillingPlatform and its mediation capabilities.

BillingPlatform implemented its configurable mediation engine to ingest and normalize IoT inputs, consolidate global accounts, and generate real‑time, usage‑based invoices while handling local currencies, conversions and payment gateways. In under four months BillingPlatform consolidated SmartBike’s global billing, automated revenue recognition and multi‑currency collection, and enabled scaling across regions plus new upsell, cross‑sell and time‑based discounting—converting IoT events into measurable revenue.

SmartBike